The Europe Network Analytics Market would witness market growth of 17.4% CAGR during the forecast period (2019-2025). Network analytics involves analyzing network data and statistics in its simplest form in order to identify trends and patterns. Once identified, operators can take the next action on this data, which would typically involve a network operation or a set of operations. For example, if a network operator discovers that there may be a congestion problem in a certain region of the network, traffic can be diverted through another part of the network to fulfill the goals of service efficiency. Usually, this type of operation is a manual process. But now, vendors are growing conventional analytics with automation and artificially intelligent technologies to enable the next generation of highly smart networks. These are the networks that can dynamically configure or automate based on changing network conditions.
Network administrators from Telecom and Datacenter use network analytics to automate their infrastructure. Administrators are better equipped to plan capacity and dimension their complex networks with deep understanding and relevant insights. Network analytics can help and transform a lot of industries. It can play a key role in increasing the efficiency of the network and reducing operating costs. In security, resource planning and optimization, service assurance, and many more, network analytics has found a wide range of usage cases.
Based on Component, the market is segmented into Software and Services. Based on Application, the market is segmented into Network Performance Management, Risk Management and Fault Detection, Customer Analysis, Quality Management, Compliance Management and Others. Based on Deployment Type, the market is segmented into On-premise and Cloud. Based on Organization Size, the market is segmented into Large Enterprises and Small & Medium Enterprise. Based on End User, the market is segmented into Telecom Providers, Managed Service Providers, Cloud Service Providers and Others. Based on countries, the market is segmented into Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.
Free Valuable Insights: Network Analytics Market in Europe is expected to register a CAGR of 17.4% during the forecast period (2019-2025)
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Cisco Systems, Inc., Extreme Networks, Inc., IBM Corporation, Huawei Technologies Co., Ltd., SAS Institute, Inc., Nokia Corporation, Accenture Plc., Hewlett Packard Enterprise Company, NetScout Systems, Inc. and Ericsson AB.
Market Segmentation:
By Component
By Application
By Deployment Type
By Organization Size
By End User
By Country
Companies Profiled
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